eurusd paths this week i look buy position on eurusd with that paths on chart
i think at the end of last week eurusd was on the wave 4 so wave 5 is the next move and i think wave 4 is end too soon
so im on buy eurusd
wish u a profitable week
Wave5
BTC ready for last wave up? Wait for the dip to enterSo BTC has been performing very well and remained strong last week despite stock market downside. Currently BTC invalidated dead cat bounce theory and the higher probability is now running to ATHs. So far the price range is a bit extended, it would be ideal scenario to wait for the dip into 50-45k with invalidation close below 45k for better risk reward scenario. In trending markets usually its hard to get a perfect dip or position so the buy area is a bit wider than usual because of expected frontrun. At this moment funding rates are rising, meaning people coming back to aping into leverage trading therefore we could see some leverage flushes again so be careful using leverage.
$ADA $ADAUSD looks like it can double from ~$2.2All sorts of cool DeFi stuff just on the verge to rolling out for ADA such as SundaeSwap etc. now that Alonzo full smart contracts has rolled out.
In reality ADA has the potential to much more than double.
SXP shortThe chart is completing wave D:4.
After completing the triangle correction it will descend to the next support which is 2.229.
BTC WILL REACH 59600As the present wave is either '4/B' or 5th wave begining, the confirmation will be known when BTC broke the ''X'' wave resistance @ 59600,before this month end(29th sep21), until then Enjoy BULLS!!
BTC Final Intermediate Fifth Wave In PlayA shallow pull back to the 0.38 level. Wave 2 of the final intermediate fifth? An impulsive recovery will further validate the count.
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
You should do your own research and analysis before making any investment decisions. Do not trade or speculate based on the information provided in this idea.
Trust your own analysis.
BeyondEdge
Bank Nifty - 1 Hour Wave CountAs seen on chart Wave 2 is taken from 34850 showing the beginning of Wave 3
Assuming Wave 3 is being extended its final 1.618 target is 38603
Sub Wave iii is currently over @ 37085
As shown Wave iv could be over @ a 0.236 retrace where Wave v would finish at 0.618 @ 37650
If Wave iv continues its max retrace is at 0.5 levels @ 36240 levels making wave v min target at 0.618x @ 37230
AMD bullish falling wedgeamd looks bullish here ready to start wave 5, nvda also looks bullish and ready to rip
BTCUSD - Elliott wave – update - minute wave ((C)) close to end
minute wave ((C)) close to end
subminuette wave v of minute wave ((c)) unfolding
microwave 4 is running - invalidation fib 0.382 - 46440 area
BTCUSD - Elliott wave – update - monitoring wave5 down
wave 4 over - motive wave down in 5 waves should follow to wave 5
motive wave ((1)) ended at 28800 area
corrective wave ((2)) unfolding in a zigzag - target 36630/38730 area
ALT: wave 4 is not over
monitoring price evolution
critical price area
previus daily close 33509
PP 32570 up
USOIL - Elliott wave – update – minor wave 5 ended
minor wave 5 ended
minute motive wave ((a)) of ((a))((b))((c)) corrective movement should follow to minor wave 4 – zigzag/flat
ALT: minute wave ((4)) of ending diagonal minor wave C is unfolding
TQQQ Wave 5 Up (3 Cycles) - Not US10Y CorrelatedOn the long timeline TQQQ is in a wave 5 up, and could have another 2 months upward.
We're roughly 49 days into a 120 day period.
Wave lengths aren't constant but do seem to run 3-4 months up, then 2-3 months correcting, before ultimately heading upward again.
With a 50.8% Average Return Rate over the past 10 years even with the pandemic mess. I'm long TQQQ.
I was long for 5+ years prior to the Sept 4, 2020 drop, went to cash, and now regret it.
Pundits on the news keep trying to blame pullbacks in tech on interest rates.
Comparing them shows it to be untrue. There are times TQQQ goes up or down in synch with US10Y and times they don't.
* NOT FINANCIAL ADVICE * NOT A FINANCIAL ADVISOR *
Chance of a Wave 5 on Swissy? - Breakout Long? I have marked the chart with potential Elliott wave on the 4 hour chart.
We see a strong wave 3 up followed by what can be seen as a bullish flag on the D1 chart and some sort of a bear wedge on the 4 hour chart
From what I Call THE SETUP ONE concept it is a wave 4 within tight boxes. I see a 4 hour bullish candle. I am long above this
Long Entry: 0.9175
Stop Loss: 0.9135
Target 1: (Peak of Wave 3) @ 0.9233
Target 2 : This is the Target Zone 1 are 0.9295
Good luck!
Are You Buying Here or Selling More? 2 Scenarios on BitcoinFurther to my ongoing analysis and trading signals on the BTCUSD #BitCoin saga, It would appear that we are currently in situation which can be interpreted in two ways
We are either at the low of the trading range. We see a bullish reversal candle with a good tail sticking out of the trading range lows. Suggesting the bulls are probably taking over.
I can guess that the pumpers will be showing millions of worth of purchases on their tick tocks and youtube shorts etc etc.
On the other hand, we have a decent pullback (reverse) (in other words pullup) setting up. The Target for wave 5 down is still in tact.
The question is do you want to sell more shorts or join the "stay positive" buy the dip crowd? Which one are you?
I'm long and short!
BTCUSD - elliott wave - possible head and shoulder wave 2 of (5)
possible head and shoulder in wave 2 of impulsive downtrend wave (5)
wave 3 unfoding - target 32974
ALT: wave (5) is over, a correction in three wavs should follow
PP 39970 dw
USOIL - Elliott wave – update wave count - trendup minute W((V))
trend up in minute wave ((V))
running subminuette i of minuette (iii) of minute ((V))
subminuette i not over yet – micro wave ((5)) unfolding
ALT: subminuette i is over – wave ii should follow in three waves
critical price area
previus daily close 70.01
PP 69.50 DW
FIB: 69.78 – 69.28 - 68.92
static S/R : 69.92
USOIL - elliott wave - long term wave 5 of intermediete (C)
long term wave 5 of intermediete (C) - target critical static resistence 77.11
if wave (i) of ((iii)) is over
then wave (ii) of (iii) should follow in corrective mode - three wave - probably zigzag - target 64.58
critical area
PP: 68.20
critical support - wave iv: 67.41
FIBRET wave (ii) : 64.58
Are you prepared for the END OF WAVE 5 in US Equities?If you have not been paying attention, get ready for some real volatility and big rotations/reversions in the markets.
It is time to put on your BIG BOY/GIRL pants because the markets just exited a simple upside trend bias and entered CHAOS with a new downtrend setting up.
If you don't know what to do, then you better start paying attention. This downtrend may last until 2025 or so and could extend a deep correction in the SPX500 to levels near $2200.
Don't play a fool with this new trend. I'm warning you right now - this one could be very violent and wicked.
USDCHF H1 - Ending diagonalIn h1 timeframe, it seems wave C after an ending diagonal 5 waves finished.
but I have to wait for final signs.
I think break out the price of last top that shown on chart with green line is a good sign to shown that wave C is finished.
and it can be a good trigger for a long position.
the red line can be a good stop loss if my analysis will not be correct.
Bitcoin Potential Wave VHi everyone,
Thank you again for considering reading my idea. Just a disclaimer that I'm not an expert on Elliot Wave Theory but here's what I have in mind.
Let's see the first 4 waves:
Wave I - Initial impulse from March 2020 to May 2020 (161%)
Wave II - Sideways movement from May 2020 to September 2020
Wave III - Huge impulse from September 2020 to April 2021 (535%)
Wave IV - Huge diagonal correction from April 2021 to May 2021 (-53%)
For more zoomed in chart of Wave ABC for Wave IV, please see the updates below.
In my opinion, we have completed the Wave C of Wave IV and we're currently starting Wave 1 of the last and final wave of Wave V for this bull market.
On Elliot Wave Theory, it is a rule that the Wave III is always the biggest impulse compared to Wave I and Wave V. Since Wave III had a huge increase of 535%, we can say that Wave V is LESS than 535%. As for this rule, I am not sure if it's always the case or if it's mostly the case but let's assume that Wave III is bigger than Wave V.
Let's say that from the bottom of Wave IV (30k), we add 535% which gives us 191k. We can say that the top of this bull market would not exceed to 191k.
If we draw a Fib Retracement from the peak of Wave III (64k) and the bottom of Wave IV (30k), we get these levels:
- Level 4.236 at 174k
- Level 3.618 at 153k
- Level 2.618 at 119k
- Level 1.618 at 85k
I think these are the levels that we need to pay attention to in the next few months. We know that a potential top is when we get these euphoria feeling where Bitcoin is pumping hard very fast. Whenever that happens and wherever level that is, we can use the levels above to determine the potential peak.
Thanks for reading. This is not a financial advice.
